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Sources: Tencent is planning a ~$5B bond offering, including $1.5B to $2B in dollar tranches, to fund AI expenditures, with the bulk going toward chip purchases
(
www.bloomberg.com
)
22 hours ago
AI
Tencent
Sources: DeepSeek is close to raising $12B+ in a round that could reach ~$14.9B, with Tencent and CATL as the biggest contributors, ahead of an early-2027 IPO
(
www.bloomberg.com
)
7 days ago
IPO
Tencent
Strands Labs, AWS's experimental agent-development project, unveils Strands Decider 2B, a free, open-source Jev competitor fine-tuned from an Alibaba Qwen base
(
venturebeat.com
)
11 days ago
Alibaba
Sources: Tencent signed a ~$7B, five-year lease with Oracle in 2026 for access to ~100K advanced AI chips unavailable in China via Southeast Asian data centers
(
www.ft.com
)
11 days ago
China
AI
Tencent
Oracle
Southeast Asia
Sources: Tencent signed a ~$7B, five-year deal with Oracle this year for access to ~100K advanced AI chips unavailable in China via Southeast Asian data centers
(
www.ft.com
)
12 days ago
China
AI
Tencent
Oracle
Southeast Asia
Alibaba's ModelScope and OSChina's MoArk are vying to become Chinese alternatives to Hugging Face; ModelScope hosts 170K+ open models, while MoArk hosts ~20K
(
restofworld.org
)
13 days ago
China
Alibaba
Sources: China's government asked Alibaba, ByteDance, and others to report on their plans to buy Nvidia RTX Pro 5500, saying it intends to approve the purchases
(
www.theinformation.com
)
15 days ago
China
Alibaba
Nvidia
Tencent launches TenPayGo, a payment app for foreign visitors to China that lets them pay tens of millions of merchants via Visa, Mastercard, and Apple Pay
(
www.bloomberg.com
)
18 days ago
China
Apple
Tencent
Apple Pay
Alibaba says it plans to build its first cloud regions in Turkey, Finland, and the Netherlands over the next 12 months, amid escalating US-China AI tensions
(
www.bloomberg.com
)
20 days ago
China
Alibaba
AI
Netherlands
Finland
Apple announces new $350 Beats 360 headphones, with IPX4 rating, swappable ear cups, a replaceable battery, ANC, Find My support, and more
(
www.theverge.com
)
20 days ago
Apple
Battery
Qihoo
Tencent launches Hy Image 3.5 Preview, saying during internal testing the image model achieved results on par with ByteDance's Seedream 5.0 Pro
(
www.bloomberg.com
)
21 days ago
Tencent
Alibaba's T-Head unveils the Zhenwu V900 AI accelerator, which it says triples its predecessor's performance and can scale to clusters of up to 500,000 units
(
www.bloomberg.com
)
21 days ago
Alibaba
AI
Alibaba CEO Eddie Wu says the company plans to train a 5T- to 10T-parameter AI model, as it lays out a sweeping push across AI models, chips, and data centers
(
www.reuters.com
)
21 days ago
Alibaba
AI
Sources: Alibaba names senior AI researcher Dayiheng Liu as the head of its Qwen project, bringing clarity after multiple reorganization rounds earlier in 2026
(
www.theinformation.com
)
22 days ago
Alibaba
AI
Alibaba releases Qwen-Image-2.1, a 7B open-weight model it says outperforms most closed-source models, with native transparency and up to ten reference images
(
qwen.ai
)
22 days ago
Alibaba
PrismML releases Bonsai 2 27B, which compresses Alibaba's Qwen3.8 27B to 5.9 GB, small enough for smartphones, while retaining 98.2% of Qwen's benchmark scores
(
techcrunch.com
)
23 days ago
Alibaba
Hackers exploit Tencent app flaw to deploy GrayRabbit malware
(
www.bleepingcomputer.com
)
29 days ago
Tencent
Tencent-backed AI chipmaker Enflame's shares surged 188% in their Shanghai debut, giving Enflame a market cap of $26.3B, after raising ~$910M in an IPO
(
www.scmp.com
)
2026-9-11
IPO
AI
Tencent
Shanghai
Sources: Alibaba is set to lead a $300M round in AI model testing startup UniPat AI at a $2.5B valuation; UniPat founder Li Kuan worked at Alibaba's Tongyi Lab
(
www.bloomberg.com
)
2026-9-10
Alibaba
Startup
AI
Researchers say they used AI to build a zero-click worm that can hack WeChat accounts and spread across iOS and Android; Tencent says it fixed the vulnerability
(
www.nytimes.com
)
2026-9-8
Android
IOS
AI
WeChat
Tencent
Filing: Tencent-backed AI chipmaker Enflame prices its Shanghai IPO at ~$21 per share, aiming to sell 43M shares and raise ~$911M
(
www.bloomberg.com
)
2026-8-31
IPO
AI
Tencent
Shanghai
Tencent releases Hy4 Preview, a 770B-parameter foundational model with a 1M context window that it says outperforms Z.AI and Moonshot models in internal tests
(
www.bloomberg.com
)
2026-8-28
AI
Tencent
Alibaba releases Qwen3.8-Flash, an open-weight, 125B-parameter model built on its next-gen Qwen 4 architecture, saying it rivals Opus 4.6 and V4-Flash
(
www.bloomberg.com
)
2026-8-26
Alibaba
Sources: ByteDance is merging coding platform Trae and agent-building tool Coze into Doubao, and plans to launch Doubao Work to compete with Tencent's WorkBuddy
(
www.bloomberg.com
)
2026-8-24
Tencent
Alibaba launches Wan3.0, a video generation model that can generate 30-second videos from documents, spreadsheets, slides, and web pages
(
www.reuters.com
)
2026-8-24
Alibaba
Chinese EV maker XPeng says its robotics business raised $900M+ led by IDG and Gaorong Ventures at a $6.3B valuation, with Tencent and Alibaba participating
(
www.reuters.com
)
2026-8-24
China
Alibaba
Tencent
Robot
IDG
Alibaba plans to raise ~$10B in a follow-on share offering to fund AI investments; sources: it plans to offer 710M shares at a 3.6% discount to Friday's close
(
www.reuters.com
)
2026-8-24
Alibaba
AI
Alibaba reports Q1 revenue up 9% YoY to ~$40B, meeting est., and net income down 75% to ~$1.6B due to heavy AI spending and weak domestic retail consumption
(
www.bloomberg.com
)
2026-8-20
Retail
Alibaba
AI
Sources: Beijing allowed ByteDance and Tencent ~10K Nvidia H200 chips each in mainland China in recent weeks; US licenses permit the H200 in China and Hong Kong
(
www.ft.com
)
2026-8-20
China
Hong Kong
Tencent
Nvidia
Sources: Beijing allowed ByteDance and Tencent to each receive about 10,000 Nvidia H200 chips at their mainland China facilities in recent weeks
(
www.ft.com
)
2026-8-19
China
Tencent
Nvidia
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